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Deffense [45]
3 years ago
11

Victor Lorenz realizes that he needs a new car, so he has read through Consumer Reports and has visited selected dealerships to

gather more information. According to the steps involved in a purchase decision, he is ready to
Business
1 answer:
bekas [8.4K]3 years ago
8 0

Available Options Are:

A) weigh the various options that have come to light.

B) make a choice.

C) acknowledge that a problem exists.

D) look for information that may include brand names and product characteristics.

E) acquire the car.

Answer:

Option A. Weigh the various options that have come to light

Explanation:

Victor Lorenz is in the phase of option analysis which is weighing each available options to find the best option and opt it. The customer analyzes the features, capabilities, financial and non financial implications of the product and then take decision to choose the right one. Usually knowledgeable customers have this attitude and their choices are far much better as they research for better options to opt.

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Dock Corporation makes two products from a common input. Joint processing costs up to the split-off point total $33,600 a year.
Alex Ar [27]

Answer:The minimum amount is the price that will give a profit of $3700

Explanation:

The minimum amount the company should accept for product X if it's to be sold at the split off point it's maximum amount they will earn as profit if they sales after further procession.

The total cost the company will incur if they process further it's the cost they incurred at the split off point and at further procession which equals ($16,800+$15,000) =$31,800

On sales after procession they will earn a price of $35500 which means a profit of $3700 this means the firm should sale product X at spilt off point for a price that will bring a minimum profit of $3700.

6 0
3 years ago
Ed needs to take out a loan for $7,000 to purchase a car. His bank has offered him a loan at 10.0% interest, compounded monthly,
Evgesh-ka [11]
A is the answer i am very good at loans and the answer is A
8 0
3 years ago
Read 2 more answers
Data concerning Farm Corporation's single product appear below: Selling price per unit $ 320.00 Variable expense per unit $ 76.8
lara [203]

Answer:

$224,000

Explanation:

Contribution margin = Selling price - Variable cost

= $320 - $76.8

= $243.2

Contribution margin ratio = Contribution margin / Sales

= $243.2 / $320

= $0.76 × 100

= 76%

Break even point = Fixed cost / Contribution margin ratio

= $170,240 / 76%

= $224,000

7 0
3 years ago
Best Mobile and Turbo Tech Inc. are two competitors in the mobile phone market. The cost incurred by each company to manufacture
crimeas [40]

Answer:

Turbo Tech has been able to offer more perceived value than Best Mobile

Explanation:

Turbo Tech has managed to market itself as a superior brand compared to Best Mobile. Through aggressive marketing, Turbo has convinced the industry that it is better than Best mobile.

Marketing is about creating brand perception. If customers agree with your arguments, the brand gains an advantage in the market. Perception is not reality. These two competitors have the same unit cost and market price. It could mean that their quality is also on the same level.

Turbo Tech has a better martketing strategy than Best Mobile.

7 0
3 years ago
Almost ___________________ percent of U.S. banks are FDIC members.
KiRa [710]
Answer: c 90%
Explanation: as of 2019, 4519 banks in the USA are and there are roughly 5000 banks in USA so that is roughly 90%

hope that helps if you have any questions let me know and if you could mark this as brainliest i would really appreciate it!
7 0
3 years ago
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